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    Old Highway 24 Trinity, AL 35673

    Sponsored
    For Sale
    $1,485,000

    Prime Residential Development Land, 66 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 66-acre property presents a remarkable opportunity for residential development in Trinity, Alabama. Located on Old Highway 24, this expansive parcel boasts over 1400 feet of road frontage, providing excellent visibility and accessibility. The land is zoned County, offering flexibility for various residential projects. Priced at $1,485,000, or $22,500 per acre, this represents a compelling value for developers seeking a significant land holding in a desirable location. The property's strategic position offers convenient access to key amenities and infrastructure. It's situated less than three miles from Beltline Road, Old Moulton Road, and Highway 20, ensuring easy commutes and convenient access to shopping, dining, and other services. Nearby establishments include West Morgan schools, Ponderosa Furniture, Dollar General, and the Trinity Post Office, further enhancing the property's appeal and potential for attracting residents. The substantial acreage and prime location make this an ideal investment for those seeking to capitalize on the growing residential market in the Trinity area. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a large, well-situated parcel of land with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving community.

    Property Features for 0 Old Highway 24

    General Information

    Property type
    Land
    Lot Size
    2,874,960 SF

    HighLights

    • Less than 3 miles to Beltline Rd, Old Moulton Rd, and Hwy 20.
    • 1400 feet of frontage on Old Hwy 24.
    • Excellent location near West Morgan schools, Ponderosa Furniture, Dollar General, and Trinity Post Office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Trinity
    County
    Morgan
    State
    Alabama
    Longitude
    -87.074530768319
    Latitude
    34.592883511271

    Nearby Comparable

    • $358,006
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      Serene Acreage in Trinity, Alabama

      15+/- acres of land, ideal for development.
      15 Acres Tower St, Trinity, AL 35673
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    • $850,000
      30,000 SF

      Versatile Multi-Use Property For Sale

      7-acre property with warehouses, office space, and residential features.
      662 Old Highway 24, Trinity, AL 35673
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    Nearby Similar for Sale

    • New
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      Trinity, AL Acreage with Stream

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    • $850,000
      30,000 SF

      Versatile Multi-Use Property For Sale

      7-acre property with warehouses, office space, and residential features.
      662 Old Highway 24, Trinity, AL 35673
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    FAQs

    What type of property is this?
    Land - Prime Residential Development Land, 66 Acres
    Where is this land located?
    The property is located at Old Highway 24 Trinity, AL.
    What is the asking price?
    The asking price for this property is $1,485,000.
    What are key features of this property?
    This property features: Less than 3 miles to Beltline Rd, Old Moulton Rd, and Hwy 20.; 1400 feet of frontage on Old Hwy 24.; Excellent location near West Morgan schools, Ponderosa Furniture, Dollar General, and Trinity Post Office.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Highway 24 Trinity, AL 35673
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